ST Germain D J Co. Inc. Sells 688 Shares of iShares U.S. Telecommunications ETF $IYZ

ST Germain D J Co. Inc. decreased its position in iShares U.S. Telecommunications ETF (BATS:IYZ) by 4.9% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,496 shares of the exchange traded fund’s stock after selling 688 shares during the quarter. ST Germain D J Co. Inc. owned approximately 0.07% of iShares U.S. Telecommunications ETF worth $402,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in IYZ. Goldman Sachs Group Inc. lifted its stake in shares of iShares U.S. Telecommunications ETF by 393.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 268,212 shares of the exchange traded fund’s stock worth $7,346,000 after purchasing an additional 213,827 shares during the period. Summit Financial Consulting LLC purchased a new stake in iShares U.S. Telecommunications ETF during the first quarter valued at approximately $6,119,000. Royal Bank of Canada raised its position in iShares U.S. Telecommunications ETF by 4.7% in the first quarter. Royal Bank of Canada now owns 165,327 shares of the exchange traded fund’s stock worth $4,527,000 after acquiring an additional 7,358 shares during the period. Baker Avenue Asset Management LP purchased a new position in shares of iShares U.S. Telecommunications ETF during the 1st quarter worth $3,347,000. Finally, EWG Elevate Inc. boosted its stake in shares of iShares U.S. Telecommunications ETF by 12.0% during the 1st quarter. EWG Elevate Inc. now owns 109,540 shares of the exchange traded fund’s stock worth $3,000,000 after acquiring an additional 11,746 shares during the last quarter.

iShares U.S. Telecommunications ETF Price Performance

BATS:IYZ opened at $32.00 on Friday. iShares U.S. Telecommunications ETF has a one year low of $21.55 and a one year high of $30.50. The business has a fifty day moving average price of $31.02 and a 200-day moving average price of $28.84. The firm has a market capitalization of $590.38 million, a price-to-earnings ratio of 14.09 and a beta of 0.90.

About iShares U.S. Telecommunications ETF

iShares U.S. Telecommunications ETF (the Fund), formerly iShares Dow Jones U.S. Telecommunications Sector Index Fund, is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Select Telecommunications Index (the Index).